Excellent! Lots of great features. I am very appreciative of your and svk's work. Thanks

One thing though

As long as you choose a sufficiently long and complex password (use a password manager!), your keys are safe.

...and so long as you also have a 100% clean OS; in an isolated environment, trust the OS image, trust your internet connection isn't routed via an attacker, and don't fuck up by accidentally logging in via a potentially compromised computer.
WOOPS! Time to start over again and secure a new account...

Keyloggers now have the potential to ruin your financial life. New customers are going to be scared away until this is resolved with hardware wallet (trezor) support

Only then you're safe

I would welcome being proven wrong

Quote from: lil_jay890 on March 26, 2017, 04:11:20 pm

I will reiterate my point that the ICO's that are being done on bitshares are seriously retarding any ability for bts to gain traction to the upside.  They put so much sell pressure on bts and suck so much liquidity out of the system.  There simply isn't enough liquidity being provided by a few dozen traders running bots to support multiple 7 figure ICO's.  I know there is no way to change it now, but until BTS can regulate the amount of ICO's it allows, this sell pressure will be constant.

Had not considered that. Thanks.


Sent from my XT1254 using Tapatalk

Could you explain this in simple terms?
Do you mean that ICO investors are cashing-out of the ecosystem constantly?

Oh and as for fears concerning keyloggers, that is a threat to everyone whether they know it or not. They can compromise the security of everything, including mainstream infrastructure. How many people use "Internet Banking" thru mainstream institutions? It's not just a threat to crypto projects.

Most if not all banks in the UK use a hardware card-reader to prevent keylogger fraud.

http://l7.alamy.com/zooms/50a863c682d2454b936e601ff6d6c225/natwest-bank-personal-card-reader-by2ba7.jpg

Well done man

A big thank you


EDIT:
At 2min 30, you discuss "copy and pasting" your private key from your OpenLedger wallet, onto your android app phone wallet. This doesn't sound very secure.
             Could you please clearly explain here how this is perfectly safe?

Edit 2:
Obviously the market changes all the time, but roughly how many trades will the bot execute (and get filled) per hour? Is there a theoretical limit?

I've seen you recommend using the bot to trade bitUSD:OPEN.USDT, so as to prove to the marketplace that bitUSD can always purchase a bearer bond (USDT) that entitles the holder to $1 fiat. Correct?

EDIT 3: Has the 'forced settlement' feature of the DEX been re-enabled?
Why did the committee disable it in the first place?

Why was there a two year downtrend in the first place?

My GUESS is that 2(?) years ago when the BitShares whitepaper/solid-project-info was released a large number of investors wanted to buy at the same time. 'Innovators' who see the potential in BitShares and wanted to get in on the ground floor.
A high-density of purchases at the same time pushes the price up. There are more buyers than there are sellers.
Traders then latch-on to the price rise, and scrape their profit off the general trend, giving the smaller price swings up/down.
Then after a few weeks/months all of the 'innovator types' that would be satisfied to invest on just documentation and an early stage product alone have finished buying.
Thus the price gradually decreases, with price swings on the way, caused by traders.

Since then, much of the work has been behind the scenes. If you didn't believe in the future success of bts 2 years ago, there hasn't been 'that much' of a reason to change your mind. It's all still technological developments rather than use-case development. Grandma's aren't using it, the liquidity is low, it's not the best exchange you could be using to trade. You can (currently) get better liquidity and higher margin at centralized exchanges.

The one aspect that bitshares DOES offer right now, is the ability to trade on an exchange trusting solely private/public key cryptography. Security. You can't get GOX'd.

How many average people are both 1) Interested in trading on a financial exchange?
2) Understand priv/pubkey technolology 3) Have spare time and cash to fiddle around with bitshares figuring out how to use it.
? I'd say not very many at all

BUT, there are lots of TRADERS who do have all those 3 things. Crypto-traders who currently rely on centralized exchanges. Why should they go through all the steps to switch to BitShares, only to find that there is far lower liquidity?
Why would a $20k poloniex trader move to bitshares to struggle to trade $100's at a time?

I believe that a 2 year downtrend might be coming to an end because the volume on the DEX has been increasing a lot recently. I think due to btsbots. Allowing bts investors to "make the market" on the DEX. Which adds liquidity and makes bitshares more attractive to crypto-traders.

Price up 2 years ago: early innovators who see potential
Price up today: crypto-traders are attracted by the rise in volume on the DEX

MY OPINION AND NOTHING MORE

We discussed this in the Mumble, so I don't know why you are bringing it up again now.

Regardless of the context of this thread or anyone in it, just as a PSA I think it is VERY important to post/display information in clear terms here on the forums, in a manner that is easy for new-users doing their research to search/query for

https://pusher.btsbots.com/btsbots-wallet.apk

Could somebody explain what this is? I just saw it in the trollbox while browsing btsbots to try to learn about it

Does btsbots run as a webapp? Or do you download a wallet?

If we want BTS to succeed. Maybe there should be a push to educate the users and how to profit from it.

Anybody knowledgeable enough to do tutorials videos on BTS bots and the DEX on how to make a quick profit?

EDIT: I just found this post. Video instructions would be even better

Quote from: fav on December 01, 2016, 03:46:53 pm

make a tutorial please

You need to go through several steps.

1. First, you need to create an account. Just got to btsbots.com and follow the instructions. To use your existing bitshares account, you need to import its active private key from openledger.

2. To view your account, select it from a drop down list with user icon at top-right. The account overview page shows account balance, 1 day trade volume, 28 days trade volume and 28 days balance change for each asset, their equivalent values in CNY and total value for all assets in CNY. A number at the top of the right column (trade balance(28 day)) shows you how your trading is performing. If it is positive, you are doing good. To add a new account to favorite list, type its url, e.g.

https://btsbots.com/u/exchange.btsbots

and click a little heart icon at top-right. Now you can select exchange.btsbots from the favorite list. To remove account from favorites, select it and unclick the heart icon.

3. A bitcoin icon next to user icon at top-right drops down a list of favorite assets. When you select an asset, it shows you a bunch of asset info related to trading. To add a new asset to this list, type its url, e.g.

https://btsbots.com/a/OBITS

and click a little heart icon at top-right.

4. Left column shows you a list of favorite pairs. To add a pair, type its url

https://btsbots.com/m/BTS_USD

and click a little heart icon at top-right. You can invert base vs counter asset by typing "inverted" url

https://btsbots.com/m/USD_BTS

A number against each pair shows a feed price. It is different from openledger feed price, because it is updated more frequently.

5. Once you selected a market, you can start trading.

 5a. You can place an order manually by pressing "buy" or "sell" buttons or;

 5b. You can set up a bot to make trading for you by pressing "bot" button.

   - First, you set up a spread relative to feed price. A number in the "Spread" field on the left means that you are buying at feed_price/(1+X/100). A number in the "Spread" field on the right means that you are selling at feed_price*(1+X/100).  X may be positive, negative or zero.

   - Next, you need to set the amount to trade denominated in CNY (why not just the amount of traded asset?).
   
   - Finally, check "Enable Bot" box at top-right, lean back and relax. The bot will update orders for you when the price moves. If the order is taken, the bot will continue to place new orders until funds are available or until you stop it. To stop the bot, uncheck "Enable Bot" box or place 0 for order amount.

In order for bot to keep running, you need to keep btsbots.com page opened and device connected to internet. You can check your account status or change bot params from any other device, just go to btsbots.com and import your active private key. You can trade more than one pair at same time using the same account. I am currently trading 15 different pairs and the bot is doing a great job. No way I could manage this manually.

P.S. Btsbots is a trade oriented client. If you want to use such features of bitshares as bitAsset shorting, voting or change permissions, you'll need to use the official client. It would be so great if two of them were merged together.